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Investment boom for Central America
16 May 2008
Central American ports plan to invest more than $1bn on modernisation to cash in on the expansion of the Panama Canal and to capitalise on new trade agreements signed with Europe and the US.
Money is pouring into Central American ports, like Puerto Cortes (pictured)
Monkey Point port in northwest Nicaragua is receiving $300m in new investment, while El Salvador is spending $200m on the port of La Unión.
Honduras, for its part, plans to allocate $300m to upgrades at Puerto Cortés.
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